Pandemic encourages e-transactions in a way that even demonnetization cannot – News2IN
Nagpur

Pandemic encourages e-transactions in a way that even demonnetization cannot

Written by news2in

Nagpur: In one of the most remarkable long-term changes brought by pandemic, digital presence has increased in our daily lives.
Now, online payment facilities are available not only with large shopping centers but also roadside vendors.
Schools are doing online classes and even nursery children have been used to it.
No need to visit government offices and banks for each small work because most of them can be done online with one-time password (OTP).
Sandhya Deotale, a housewife, said that she no longer brought cash to the vegetable market.
“Most vegetable vendors have displayed the QR code and I made a payment via cellphone,” he said.
During the initial phase of pandemic, online transactions through cellphones are encouraged as a means to maintain ‘physical distance’ and avoid the spread of viruses through currency notes.
Slowly, people realize that viruses do not spread through currency records or newspapers.
But online payments continue.
Even after ‘solving chain orders’ in Maharashtra, many continue to rely on online payment modes.
A report by the United Nations Conference on Trade and Development (UNCTAD) states that Covid-19 has triggered a turning point in digital life and e-commerce.
“In the coming years, we will look back in 2020 because of the moment that changes everything.
There is no unprecedented place and unexpected growth occurs as in the digital and e-commerce sector, which has been boomed in the covid crisis -19, “read the introduction of reports.
In the past year, even land offers, property registration and updating aadhaar have been carried out online as before.
Retired Government Employees Dhanraj Rau said as a retirees, it was a routine for him to visit the bank every November to produce a certificate of life needed for a continuation of retirement.
“This year, the government launched a prenance platform in which I got a digital certificate without visiting a bank,” he said.
Schools and online exams have become part of life for students and also parents.
“Not only studies and examinations, but students participate in extracurricular activities by recording their videos.
We have committed singing competitions and online art camps this year,” said Vijay Katkar, an art teacher.
Working from home (WFH) continues for almost two years.
Many companies also allow their employees to WFH for a much longer period.
“WFH has its own benefit for companies and employees.
Many companies have thought of hybrid work patterns for years.
But pandemics have provided an opportunity to implement it,” said HR Professional Dalal.
According to him, new online work patterns will continue as an option.
# E-Way of Life for all businesses and consumers increases digital work in the last 2 years – e-commerce is permitted even during locking in most countries – UN surveys found that 28% of its informants in India now prefer online for physical shopping – Even small businesses and vendors now receive digital payments – the government encourages digital transactions through Imp, RTGs, Mandatory FastTag, etc.
Schools that conduct sessions 2020-21 are entirely online – Many companies extend work from home for the next two years

About the author

news2in